
The latest instalment of corporate tax transparency figures show almost a third of large private companies paid no tax in 2013–14.
Privately owned companies earning more than $200 million in revenue were captured under the tax transparency measure, which picked up 321 firms.
The Australian Taxation Office (ATO) said 98 of those firms did not pay tax in 2013–14.
The biggest revenue earner not to pay tax was West Australian grain handling cooperative CBH, which paid no company tax in 2013-14 on more than $3.4 billion in revenue.
Among the other largest private companies that paid no tax in 2013–14 were:
• Pratt Consolidated Holdings, despite more than $2.5 billion in revenue;
• Thorney Investments, run by Richard Pratt’s son-in-law Alex Waislitz, which earned $430 million in revenue;
• McDonald’s Asia-Pacific Consortium, the global supplier of the fast food outlet’s beef, which had $478 million in revenue;
• Hoyts, which had $417 million in gross earnings.